Mozambique: African Development Bank financial package for local content and SME development to boost job creation

The African Development Bank Group has approved a $1 million grant to boost local content and development of Small and Medium-Size Enterprise (SME) initiatives in the southern African nation of Mozambique. The grant, from the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF), will provide technical and institutional assistance to the Instituto para a Promoção das Pequenas e Médias Empresas, or IPEME,  for the direct support of start-ups and SMEs, with a particular focus on youth-led and women-owned  in business. […] Read More